# PPP loan: NEWSOE ENT. INC.
> **$228K** approved 04/29/2020 · Paid in Full · Loan `3587767306`
## Borrower
- **Name:** NEWSOE ENT. INC.
- **Address:** 1036 grand ave sw,, fort payne, AL, 35967
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 60
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*